Enphase Energy (ENPH) PT Lowered to $125 at RBC Capital

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Go back to Enphase Energy (ENPH) PT Lowered to $125 at RBC Capital

Enphase Energy Reports Financial Results for the Second Quarter of 2024

July 23, 2024 4:05 PM EDT

FREMONT, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the worlds leading supplier of microinverter-based solar and battery systems, announced today financial results for the second quarter of 2024, which included the summary below from its President and CEO, Badri Kothandaraman.

We reported quarterly revenue of $303.5 million in the second quarter of 2024, along with 47.1% for non-GAAP gross margin. We shipped... More